Komori
Sanyu (5697) · RiskWorsenedLatest Revisions to earnings forecasts (2026-11-04): "Mitigated"

Higher manufacturing costs due to rising energy costs

First written in FY2016. 14 of 30 entries say "Restated". Latest entry: 2026-11-04.

30entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q2RestatedFY2021-Q1 – FY2022-Q22016: 320162017: 220172018: 320182019: 220192020: 320202021: 220212022: 320222023: 320232024: 320242025: 120252026: 52026
Same theme, other companies
Pressure on profits from higher manufacturing costs, including energy and repair expensesA theme 13 companies write about · 13 as a headwind · 0 as a tailwind

Sanyu moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.

The whole theme swung hardest in 2022: 7 of 11 companies on the "Worse" side.

2 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Due to soaring energy costs, if electricity rates and other energy costs rise further, along with the resulting increase in auxiliary material costs, labor costs due to wage increases, and outsourcing costs including logistics, this could affect our group's performance.」

    In addition to energy, auxiliary material and logistics costs, the disclosure specifically identifies labor costs due to wage increases and outsourcing costs, including logistics, as risk factors.
  2. FY2026-H1MitigatedAnnual report

    「Amid these conditions, our group worked to secure sales volumes, reduce costs and improve productivity across the organization, while also correcting processing charges, improving product yields and reducing energy intensity to absorb increases in labor costs, logistics costs and other costs and secure earnings.」

    In response to higher labor and logistics costs, the group corrected processing charges, improved yields and reduced energy intensity. These measures and price revisions resulted in higher profit year on year.
  3. FY2025-H1MaterialisedAnnual report

    「Amid these conditions, our group worked to secure sales volumes, reduce costs and improve productivity across the organization, while also revising product selling prices, correcting processing charges, improving product yields and reducing energy intensity to absorb increases in steel prices, logistics costs and other costs and secure earnings.」

    The disclosure continues to address responses to rising costs, including energy costs, and specifically identifies increases in logistics and other costs as factors that should be absorbed through measures to improve profitability.
  4. FY2024WorsenedAnnual report

    「Due to soaring energy costs, if electricity rates and other energy costs rise further, along with the resulting increase in auxiliary material costs and higher freight costs due to the 2024 logistics problem, this could affect our group's performance.」

    In addition to the previously identified increases in energy, auxiliary material and other costs, the disclosure specifically identifies higher freight costs due to the 2024 logistics problem as a factor that could affect performance.
  5. FY2024-Q3RestatedAnnual report

    「Amid these operating conditions, our group worked to secure sales volumes, reduce costs and improve productivity across the organization, while also correcting processing charges, improving product yields and reducing energy intensity to absorb increases in resource and energy costs and secure earnings.」

    In response to operating conditions marked by continued increases in resource and energy costs, the group continues to correct processing charges, improve product yields and reduce energy intensity.
  6. FY2024-Q2MitigatedAnnual report

    「Amid these conditions, our group worked to secure sales volumes, reduce costs and improve productivity across the organization, while also correcting processing charges, improving product yields and reducing energy intensity to absorb increases in resource and energy costs and secure earnings.」

    As measures to address higher resource and energy costs, the disclosure specifies correcting processing charges, improving product yields and reducing energy intensity.
  7. FY2024-Q1MaterialisedAnnual report

    「To offset higher resource and energy costs, the Company worked to improve earnings through processing fee corrections and other measures, as well as to reduce other costs. As a result, operating profit was ¥265 million, up 22.3% year on year; ordinary profit was ¥294 million, up 19.8%; and quarterly net income attributable to owners of the parent was ¥178 million, up 29.5%.」

    The increase in resource and energy costs is described as part of the actual operating environment, and the group states that it worked to absorb the impact through measures such as correcting processing charges and reducing costs.
  8. FY2023-Q3MaterialisedAnnual report

    「Steel material prices were again increased sharply, following the previous fiscal year, by ¥35,000 per tonne, while energy costs, including gas, and auxiliary materials also rose sharply.」

    It states that substantial price increases for energy, including gas, and auxiliary materials occurred again, following the previous fiscal year.
  9. FY2023-Q2MaterialisedAnnual report

    「Steel material prices were again increased sharply, following the previous fiscal year, by ¥35,000 per tonne, while energy costs, including gas, and auxiliary materials also rose sharply.」

    It states that substantial price increases for energy, including gas, and auxiliary materials have actually occurred.
  10. FY2023-Q1MaterialisedAnnual report

    「Prices for energy and auxiliary materials continue to rise sharply.」

    It states that soaring prices for energy and auxiliary materials continued during the current quarter.
  11. FY2022MaterialisedAnnual report

    「Meanwhile, amid surging prices for various raw materials, steel material prices rose by ¥35,000 per tonne following two price increases, while energy costs, including electricity, and auxiliary materials also rose sharply.」

    It states that substantial price increases for energy, including electricity, and auxiliary materials have actually occurred.
  12. FY2022-Q2RestatedAnnual report

    「During the six-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」

    It has reconfirmed that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  13. FY2022-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It has reconfirmed that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  14. FY2021-Q2RestatedAnnual report

    「During the six-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」

    It has reconfirmed that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  15. FY2021-Q1RestatedAnnual report

    「During the three-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」

    It has reconfirmed that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  16. FY2020MitigatedAnnual report

    「Our group will seek to reduce costs by implementing further cost-cutting measures through JK activities and other initiatives, as well as by optimizing production within the group.」

    As measures to address the risk of rising energy costs, the disclosure specifies cost reductions through JK activities and optimized production within the group.
  17. FY2020-Q2RestatedAnnual report

    「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  18. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  19. FY2019-Q2RestatedAnnual report

    「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  20. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  21. FY2018-Q3RestatedAnnual report

    「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  22. FY2017RestatedAnnual report

    「Demand in the automotive and construction equipment sectors, our main end-user industries, is on a recovery trend, but there are concerns about the impact on costs of further revisions to material (steel) prices amid rising steel raw material prices, as well as increases in electricity and gas rates.」

    The impact on costs of further revisions to steel prices and increases in electricity and gas rates remains a concern.
  23. FY2017-Q3RestatedAnnual report

    「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  24. FY2017-Q2RestatedAnnual report

    「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」

    It states that there have been no material changes regarding the risk of higher manufacturing costs due to rising energy costs.
  25. FY2017-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」

    It states that there have been no material changes since the previous fiscal year regarding the risk of rising energy costs.
  26. FY2016First statedAnnual report

    「The manufacturing costs of our group, including electricity and fuel costs, have already been affected to a considerable extent by soaring energy costs. If electricity rates and other energy costs rise further, along with costs for auxiliary materials driven by those increases, this could affect our group's performance.」

    The disclosure identifies the cost items already affected and the potential impact on performance if costs rise further.
Moved together

"Sharp fluctuations in steel material prices" moved the same way as this thread, in the same document, in 6 of its 30 moves.

655444★123456
  1. ★This thread
  2. 1Sharp fluctuations in steel material prices6×
  3. 2Expanding sales volume through deeper engagement with existing customers and new customer development5×
  4. 3Reduction of interest-bearing debt and deposits and reduction of financial expenses5×
  5. 4Securing earnings, improving productivity, and reducing costs4×
  6. 5Maintaining stable dividends4×
  7. 6Investment to improve quality and production efficiency, including seismic retrofitting4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sanyu's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-11-04: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.